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scorpio041192

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Regarding effect on my credit score?
i just applied for a amazon credit card, later i thought that i dont need it now and so i cancelled that on the same day. does it effect my credit score? can i able to apply for it in future if i want it?

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Yes it did affect your credit. You received "Hard Inquiries" for applying. If you are lucky it won't hit your reports since you cancelled it so quickly, because if it does hit your reports it will lower the "average age of your account" and you would get no benefit of having the card open and having the additional line of credit since you closed it. You should really be careful what you are doing. I advise you to spend as much time as it takes for you to understand all that needs to be understood about credit. You are setting yourself up for a very rough future playing around with credit when you don't know what you are doing. Do some reading and feel free to ask any questions that you have.

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